US, EU plan coordinated sanctions against Russia to push Putin into peace talks with Ukraine.

The US and EU are set to coordinate sanctions against Russia, aiming to force President Putin into peace talks with Ukraine. US Treasury Secretary Scott Bessent emphasized the need for European cooperation to pressure Russia economically. European leaders will visit the US to discuss strategies, including imposing tariffs on countries buying Russian oil. Despite existing sanctions, Russia's economy has shown resilience, with increased trade in yuan and rubles with China and India. The goal is to collapse Russia's economy to bring Putin to the negotiating table.